TGS Esports (TGS Esports) COGS-to-Revenue : 0.86 (As of Mar. 2022)

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What is TGS Esports COGS-to-Revenue?

TGS Esports's Cost of Goods Sold for the three months ended in Mar. 2022 was $0.18 Mil. Its Revenue for the three months ended in Mar. 2022 was $0.21 Mil.

TGS Esports's COGS to Revenue for the three months ended in Mar. 2022 was 0.86.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. TGS Esports's Gross Margin % for the three months ended in Mar. 2022 was 14.29%.

TGS Esports COGS-to-Revenue Historical Data

The historical data trend for TGS Esports's COGS-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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TGS Esports COGS-to-Revenue Chart

TGS Esports Annual Data

Trend

Jun20

Jun21

COGS-to-Revenue

1.75

0.40

TGS Esports Quarterly Data
	Jun19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
COGS-to-Revenue	Get a 7-Day Free Trial				0.22	0.95	0.30	1.09	0.86

TGS Esports COGS-to-Revenue Calculation

TGS Esports's COGS to Revenue for the fiscal year that ended in Jun. 2021 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.093	/	0.232
	=	0.40

TGS Esports's COGS to Revenue for the quarter that ended in Mar. 2022 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	0.18	/	0.21
	=	0.86

TGS Esports (OTCPK:TGSEF) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

TGS Esports's Gross Margin % for the three months ended in Mar. 2022 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	0.18 / 0.21
	=	14.29 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

TGS Esports COGS-to-Revenue Related Terms

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TGS Esports (TGS Esports) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TGS Esports Inc (OTCPK:TGSEF) » Definitions » COGS-to-Revenue

Comparable Companies

XMAD:MONI MIL:MTF LSE:DCD SGX:40E LSE:MIRA MIL:CDG BOM:540023 XKRX:348840 BOM:503691 LSE:BONH

Traded in Other Exchanges

N/A

Address

4211 No. 3 Road, Richmond, BC, CAN, V6X 2C3

Website

https://www.thegamingstadium.com

TGS Esports Inc is engaged in the business of providing and hosting esports events, tournaments, and leagues at both the amateur and professional levels both online and in person. Also, the company has an esports stadium to play and watch sports.